It should be clear that most, if not all, of the supposed improvement in borrower credit quality between now and 2008 is the result not of actual quality improvements, but of regulatory changes to credit reporting, says @MarkCalabria, former FHFA director. nationalmortgagenews.com/opinion/the-co…
Clearly it is time to ask why these companies — whose tenure as wards of the state has now outlasted even the conservatorship of pop star Britney Spears — should not be released, writes @GaryHindes of The Delaware Bay Co.
trib.al/y4EFdjR
The Trump administration actively worked toward removing @FannieMae and @FreddieMac from conservatorship and the @FHFA’s current director has said it’s something she wants to prepare them for.
By @bcynic